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20121226
20130103
Search Results 0 to 2 of about 3 (some duplicates have been removed)
are ripped from the headlines, just like an episode of "law and order." a couple of weeks ago, there was a piece in the "washington post" saying that auto sales saved the economy in 2012. the highest number of new vehicles sold since the financial crisis. in today's "wall street journal" we see another headline, u.s. auto sales forecast to break 15 million in 2013. when do they suggest the number of vehicles sold this year could be closer to 15.4 million. cn cnbc's own phil lebeau was saying it could be 15.5 million. tomorrow i think we're going to find out about december sales numbers and it's going to be terrific. hurricane sandy wrecked hundreds of thousands of cars that need to be replaced. bloomberg surveyed a bunch of analysts and they're predicting a 9.8 increase for december. put it together and the domestic auto market is clearly on fire. in fact, it's giving rise to maybe just maybe one of my best ideas for 2013. we still got a tremendous amount of pent-up demand in the country. the average car on the road is ancient, 11 years old. it's now easy to get a loan for a n
blue chip stocks and they wait long enough, those stocks will work their way higher. that's some law of reverse gravitation. it's been a lousy strategy, if it's a strategy at all, if you can even call it that. but in recent years, let's just say it's been really horrific. think about it. for the last five years, the middle of 2007 and 2012, s&p declined by 9%. when you look at the benchmark's performance over the first decade of the new millennium, s&p was down 24%. though you only did lose 9% in those ten years when you factor in reinvested dividends, which is why i'm always telling you to own some high yield dividend stocks. even factoring dividends, you were better off hiding money in a mattress than buying and holding. the strategy didn't work. let me give you some advice that you almost never hear. i want to talk about a forbidden term. some say it's a curse word. marks me as a charlatan. i want to talk about selling. selling. every stock you buy you should consider comes with an expiration date. again, radical. knowing when to sell those stocks is every bit as important as know
Search Results 0 to 2 of about 3 (some duplicates have been removed)